QA2018-103 - Subordinated liabilities T01.00

Owned by SRB Services
Feb 01, 2024
Atribute Detail
Resolution Reporting Subject Matter Guidance
Guidance Documents -
Taxonomy -
Unique Identifier

QA2018-103

Question


Could you please clarify what is required: In the LDT instructions, it is mentioned that subordinated instruments that are not at all recognized in own funds should be included in full. Yet, for AT1 (r520) and T2 (r530), the outstanding has to be consistent with the COREP which should be included in phased vision.


Response


We expect to get outstanding amount consistent with the amounts reported in the COREP. The guidance says that : "Subordinated instruments that are not at all recognized in own funds should be included in full" in the line r370 subordinated liabilities. "To allow for a reconciliation of the total amounts of liabilities, this line should also include subordinated liabilities qualifying as own funds, for the part which is not included in own funds due to the phase-out thereof (due to its remaining maturity or grandfathering impact)".